Livforsakringsbolaget Skandia Omsesidigt lifted its holdings in The Sherwin-Williams Firm (NYSE:SHW – Free Report) by 308.8% throughout the third quarter, in response to its most up-to-date submitting with the Securities and Alternate Fee (SEC). The institutional investor owned 1,713 shares of the specialty chemical compounds firm’s inventory after buying a further 1,294 shares throughout the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Sherwin-Williams have been value $653,000 on the finish of the newest reporting interval.
Different massive traders have additionally purchased and bought shares of the corporate. Vanguard Group Inc. grew its holdings in Sherwin-Williams by 0.9% throughout the 1st quarter. Vanguard Group Inc. now owns 21,620,939 shares of the specialty chemical compounds firm’s inventory value $7,509,601,000 after buying a further 184,979 shares over the last quarter. Capital Worldwide Buyers lifted its place in shares of Sherwin-Williams by 10.5% throughout the first quarter. Capital Worldwide Buyers now owns 2,302,120 shares of the specialty chemical compounds firm’s inventory value $799,595,000 after buying a further 219,149 shares within the final quarter. Authorized & Common Group Plc grew its stake in shares of Sherwin-Williams by 2.9% throughout the second quarter. Authorized & Common Group Plc now owns 1,921,846 shares of the specialty chemical compounds firm’s inventory valued at $573,538,000 after buying a further 53,487 shares over the last quarter. PineStone Asset Administration Inc. elevated its holdings in shares of Sherwin-Williams by 132.8% within the second quarter. PineStone Asset Administration Inc. now owns 1,609,392 shares of the specialty chemical compounds firm’s inventory valued at $480,291,000 after buying a further 917,979 shares within the final quarter. Lastly, D. E. Shaw & Co. Inc. raised its place in Sherwin-Williams by 18.5% within the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,524,367 shares of the specialty chemical compounds firm’s inventory value $454,917,000 after buying a further 238,031 shares over the last quarter. 77.67% of the inventory is at the moment owned by institutional traders.
Insider Exercise at Sherwin-Williams
In different Sherwin-Williams information, CFO Allen J. Mistysyn bought 14,520 shares of the corporate’s inventory in a transaction that occurred on Friday, August thirtieth. The inventory was bought at a mean worth of $366.83, for a complete transaction of $5,326,371.60. Following the completion of the transaction, the chief monetary officer now owns 63,520 shares of the corporate’s inventory, valued at $23,301,041.60. This represents a 0.00 % lower of their place. The transaction was disclosed in a authorized submitting with the SEC, which is out there by means of this hyperlink. 0.60% of the inventory is owned by insiders.
Wall Road Analyst Weigh In
A number of brokerages have lately issued studies on SHW. BMO Capital Markets upped their worth goal on Sherwin-Williams from $400.00 to $425.00 and gave the corporate an “outperform” ranking in a analysis notice on Monday, September thirtieth. Barclays raised their goal worth on shares of Sherwin-Williams from $315.00 to $355.00 and gave the corporate an “equal weight” ranking in a analysis notice on Wednesday, July twenty fourth. Robert W. Baird lifted their worth goal on shares of Sherwin-Williams from $310.00 to $325.00 and gave the inventory a “impartial” ranking in a analysis report on Wednesday, July twenty fourth. Jefferies Monetary Group raised their worth goal on shares of Sherwin-Williams from $392.00 to $415.00 and gave the corporate a “purchase” ranking in a analysis notice on Monday, August twenty sixth. Lastly, UBS Group upped their goal worth on shares of Sherwin-Williams from $375.00 to $412.00 and gave the corporate a “purchase” ranking in a analysis report on Friday, August thirtieth. One analysis analyst has rated the inventory with a promote ranking, seven have given a maintain ranking, 13 have issued a purchase ranking and one has given a robust purchase ranking to the corporate. In keeping with MarketBeat, the corporate presently has a mean ranking of “Reasonable Purchase” and a mean worth goal of $370.39.
Get Our Newest Inventory Report on Sherwin-Williams
Sherwin-Williams Inventory Efficiency
Shares of SHW opened at $378.99 on Monday. The agency’s 50 day transferring common worth is $366.02 and its two-hundred day transferring common worth is $332.19. The corporate has a debt-to-equity ratio of two.17, a fast ratio of 0.50 and a present ratio of 0.81. The Sherwin-Williams Firm has a twelve month low of $232.06 and a twelve month excessive of $385.25. The agency has a market cap of $95.60 billion, a P/E ratio of 38.63, a PEG ratio of two.95 and a beta of 1.17.
Sherwin-Williams (NYSE:SHW – Get Free Report) final posted its quarterly earnings information on Tuesday, July twenty third. The specialty chemical compounds firm reported $3.70 EPS for the quarter, beating the consensus estimate of $3.51 by $0.19. The enterprise had income of $6.27 billion for the quarter, in comparison with analysts’ expectations of $6.33 billion. Sherwin-Williams had a web margin of 10.92% and a return on fairness of 75.58%. The agency’s income was up .5% in comparison with the identical quarter final yr. Throughout the identical interval within the earlier yr, the agency posted $3.29 EPS. On common, analysts forecast that The Sherwin-Williams Firm will submit 11.5 EPS for the present fiscal yr.
Sherwin-Williams Declares Dividend
The corporate additionally lately disclosed a quarterly dividend, which was paid on Friday, September sixth. Buyers of file on Friday, August sixteenth have been issued a dividend of $0.715 per share. The ex-dividend date was Friday, August sixteenth. This represents a $2.86 dividend on an annualized foundation and a dividend yield of 0.75%. Sherwin-Williams’s payout ratio is presently 29.15%.
About Sherwin-Williams
The Sherwin-Williams Firm engages within the growth, manufacture, distribution, and sale of paints, coating, and associated merchandise to skilled, industrial, business, and retail clients. It operates by means of three segments: Paint Shops Group, Client Manufacturers Group, and Efficiency Coatings Group.
Featured Articles
Obtain Information & Rankings for Sherwin-Williams Day by day – Enter your e mail tackle under to obtain a concise day by day abstract of the newest information and analysts’ scores for Sherwin-Williams and associated corporations with MarketBeat.com’s FREE day by day e mail publication.
